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$15,000,000

NAL Estimated Property Value

5090 County Road 182, Stephenville, TX, 76401

Off MarketInfo

About this property

Come and experience the beautiful Hunewell Ranch in Erath County, Texas! The ranch has a long history with Tarleton State University and was used as the research ranch for many years. It has been carefully managed for decades and is now ready for its next chapter. The ranch has everything from sweeping improved grass meadows to massive hardwood pastures with two spring-fed creeks running throughout. The massive pecan and Cottonwood trees tower over you as the spring-fed creeks flow across the ranch creating a sense of peace! With two access points, the Hunewell Ranch can be developed to provide much needed housing for the growing community of Stephenville. The Hunewell Ranch consists of 1,150± acres with 220± acres of improved grass and the balance in heavy mature hardwood trees giving the property a diverse landscape. The grassy meadows help to open the property to enjoy the views, both near and far. The Hunewell Ranch has over 100 feet of elevation change. The ranch is crossed by Sycamore Creek on the south and Richardson Creek through the center portion of the ranch, which provide water to livestock and wildlife. The elevation changes provide privacy in the bottoms and produce stunning views across for approximately 20 miles with Comanche Peak to the east and Chalk Mountain to the southeast. Water is provided by Sycamore Creek, Richardson Creek, seven earth tanks, and two water wells. Neither of the wells have been used lately, but the ranch is located above the Trinity Aquifer, which is well known as a dependable source of quality water. Wildlife is bountiful on the Hunewell Ranch and will bring you and your family pleasure for years to come! Wildlife includes whitetail deer, Rio Grande turkeys, dove, quail and of course feral hogs. Predator hunting should be fantastic as well! Don't sleep on this one! Call today for a private showing of the Hunewell Ranch!

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$15,000,000
Estimated Property Value
$0Estimated Mortgage Balance
$15,000,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$90,000 /month
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Cash Flow Estimate:
$30,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Stephenville

5090 County Road 182 | Property Details | No Agent List